New Delhi, March 15 -- Kerry Group has become the latest processor to reveal its February milk price, announcing its decision to lift the price for last month's supplies.
This makes Kerry the third processor, following on from price announcements last week from Lakeland Dairies and Glanbia.
In a brief statement this morning (Monday, March 15), a spokesperson for the processor said:
This translates to 36.266c/L including VAT at EU Standard Constituents 3.40% protein and 4.20% butterfat, the spokesperson added.
"Based on Kerry's average milk solids for February, the milk price return inclusive of VAT and bonuses is 38.32c/L," the group representative said.
Continuing, the spokesperson claimed: "In addition, our Forward Price Scheme offer...